According to report published by Grand View Research,The growing demand for threat intelligence is increasing owing to rise in cyber-crime, threat breaches and growing numbers of sophisticated attacks in leading security conscious sectors.

The global threat intelligence market is anticipated to reach USD 12.6 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for threat intelligence is increasing owing to rise in cyber-crime, threat breaches and growing numbers of sophisticated attacks in leading security conscious sectors. Moreover, the breaches in most of the organizations have a financial or espionage motive which results in disruption of business and has become a major concern for them which is expected to contribute to demand of threat intelligence solutions and services immensely.

Threat intelligence incident forensics is expected to gain traction over the forecast period. The application of incident forensics initiates actionable security during breach through predictive and reactive analysis. Further, its application investigates the root causes of the breach and contains the damage of an attack. An organization lacking to incorporate advanced intelligence system might pose as a key determinant that significantly affects the mass adoption of incident forensics solution.

Organizations are preferring the use of cloud security as the cost incurred in the implementation of the on-premise solutions is high. The cloud-based security adoption is expected to increase in the near future owing to the growing adoption of cloud storage systems. The cloud-based deployment stops the unwanted traffic before it enters the network. Furthermore, it eliminates the requirement of on-premise equipment, which is expected to increase the demand for the product over the forecast period.

The global threat intelligence market accounted for USD 3,028.9 million in 2016 and is expected to grow at a CAGR of 17.4% from 2017 to 2025

The demand for incident forensics is estimated to reach USD 1,254.8 million by 2025 and is expected grow at a high rate over the forecast period.

The cloud-based deployment in threat intelligence market is estimated to account USD 1,146.4 million in the year 2016.

BFSI emerged as the largest application segment and is estimated to generate revenue over USD 3,282.0 million by 2025.

Threat intelligence demand in manufacturing applications is anticipated to witness moderate growth over the forecast period.

The Asia Pacific market is projected to witness substantial growth over the next decade owing to growing adoption of threat intelligence solutions on a large scale. The regional market is expected to grow at a CAGR of 21.1% from 2017 to 2025.

Grand View Research has segmented the threat intelligence market on the solution, services, deployment, application and region:

Solution Outlook (Revenue, USD Million, 2014 – 2025)

Unified threat management

SIEM

IAM

Incident Forensics

Log Management

Third Party risk management

Services Outlook (Revenue, USD Million, 2014 – 2025)

Professional services

Managed Service

Subscription Services

Training & Support

Deployment Outlook (Revenue, USD Million, 2014 – 2025)

Cloud-based

On-Premise

Application Outlook (Revenue, USD Million, 2014 – 2025)

BFSI

IT & Telecom

Healthcare

Retail

Government & Defense

Manufacturing

Others

Regional Outlook (Revenue, USD Million, 2014 – 2025)

North America

U.S.

Canada

Europe

Germany

UK

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

MEA

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.